New data analysis from IBISWorld puts the average price of pigments in 2014 at nearly 65% higher than the price ten years earlier as well as forecasting price increases and spikes in the coming years.
Big US personal care players struggling with increasing raw material prices are announcing retail price increases to ease the pressure on shrinking margins.
Dupont Packaging and Industrial Polymers has confirmed price increases of up to 15 per cent price for its ethylene copolymer resins, widely used for plastic packaging for cosmetic products.
Until now it has been raw material and chemical providers that have
been increasing their prices, but Germany-based active ingredients
player Symrise now joins the growing list.